HI,not the type of statement that instills confidence in this market,i have always been doubtfull as to mlx costings & more specifically ore grades.Having to mine the lower grade tailings stockpiles tells me there having trouble locating higher grades of ore which is paramount to costings.Have seen these problems unfold with other mine companies ex monarch gold, view resources along with others.Why release a statement like that knowing full well it would have a negative effect on mlx price; hopefully this is not a fore warning to a negative december qtrly.I have seen this type of story unfold many times before to the detriment of the share holder.Yes i have become a pessimist this market can do that to you.cheers
MLX Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)